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Lucid Motors introduces new Lucid Air Sapphire EV

Credit: Lucid Motors

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Lucid Motors introduced a new tri-motor EV that is named after a gemstone: the Lucid Air Sapphire. Earlier this week, Lucid Motors hinted at some extraordinary news to be announced today (August 19) which sparked rumors of a tri-motor Air variant being launched soon. Today, those rumors have been proven true.

The three-motor powertrain has a twin motor rear-drive unit and a single motor front-drive unit. In a press release, Lucid noted that the three-motor powertrain will deliver over 1,200 hp and accelerate from zero to 60 miles per hour in less than two seconds. Lucid also said that it goes from zero to 100 mph sub-nine-second quarter mile and that its top speed exceeded 200 mph.

Aside from the three motors, the new Sapphire variant features carbon-ceremaic brakes, new sports seats, and a track-tuned suspension. Production of the new vehicle starts during the first half of 2023.

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Peter Rawlinson, CEO, and CTO of Lucid Group said that Sapphire builds upon the company’s technical prowess to take electric high-performance to the next level. “Sapphire represents the pinnacle of electric performance; finally achieving the performance that I’ve so long searched for. After painstaking development work, I am able to confirm Lucid Air Sapphire has achieved a satisfactory performance, and I trust the most discerning drivers will agree.”

Derek Jenkins, Lucid’s SVP of Brand and Design, spoke of why Lucid chose the name Sapphire.

“Sapphire is among the most valued gemstones, prized for their brilliance, color, and hardness. Imperial Blue has long been the de facto national color for American motorsports teams engaged in international competitions. As Lucid’s dedicated ultra-high-performance brand, Sapphire references this history while setting new standards for innovation and technology.”

Although sapphires come in every color but red (red being reserved for ruby), blue sapphire is the most commonly known with Padparadscha sapphires being among the rarest. For a deep dive into sapphire and its legends and lore, here’s a great article.

The goal with the brand new Sapphire model is to complement the powertrain, Davide Lickfold, Lucid’s Director of Chassis and Vehicle Dynamics emphasized.

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“Our aim with this, our first Sapphire model, is to complement the exceptional powertrain with sharper, more responsive driving dynamics and increased body control.”

“At the same time, it was important to retain the exceptional ride quality for which Lucid Air has come to be known.”

The design of the new variant is what the company called a holistic approach to development. In addition to launching the new Sapphire variant, Lucid is also launching a new Sapphire Blue exterior paint that will be exclusive to its Sapphire vehicles which will be finished exclusively in the new color to mark the brand’s introduction.

The new variant will cost $249,000 and Lucid will begin taking reservations on August 23, 2022, at 12 pm Eastern Time (9 am Pacific Time). Lucid plans to make its public debut of the new variant at the Quail Lodge during Monterey Car Week.

Your feedback is important. If you have any comments, concerns, or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter @JohnnaCrider1

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Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Tesla dispels reports of ‘sales suspension’ in California

“This was a “consumer protection” order about the use of the term “Autopilot” in a case where not one single customer came forward to say there’s a problem.

Sales in California will continue uninterrupted.”

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Credit: Tesla

Tesla has dispelled reports that it is facing a thirty-day sales suspension in California after the state’s Department of Motor Vehicles (DMV) issued a penalty to the company after a judge ruled it “misled consumers about its driver-assistance technology.”

On Tuesday, Bloomberg reported that the California DMV was planning to adopt the penalty but decided to put it on ice for ninety days, giving Tesla an opportunity to “come into compliance.”

Tesla enters interesting situation with Full Self-Driving in California

Tesla responded to the report on Tuesday evening, after it came out, stating that this was a “consumer protection” order that was brought up over its use of the term “Autopilot.”

The company said “not one single customer came forward to say there’s a problem,” yet a judge and the DMV determined it was, so they want to apply the penalty if Tesla doesn’t oblige.

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However, Tesla said that its sales operations in California “will continue uninterrupted.”

It confirmed this in an X post on Tuesday night:

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The report and the decision by the DMV and Judge involved sparked outrage from the Tesla community, who stated that it should do its best to get out of California.

One X post said California “didn’t deserve” what Tesla had done for it in terms of employment, engineering, and innovation.

Tesla has used Autopilot and Full Self-Driving for years, but it did add the term “(Supervised)” to the end of the FSD suite earlier this year, potentially aiming to protect itself from instances like this one.

This is the first primary dispute over the terminology of Full Self-Driving, but it has undergone some scrutiny at the federal level, as some government officials have claimed the suite has “deceptive” naming. Previous Transportation Secretary Pete Buttigieg was vocally critical of the use of the name “Full Self-Driving,” as well as “Autopilot.”

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New EV tax credit rule could impact many EV buyers

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date. However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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tesla showroom
Credit: Tesla

Tesla owners could be impacted by a new EV tax credit rule, which seems to be a new hoop to jump through for those who benefited from the “extension,” which allowed orderers to take delivery after the loss of the $7,500 discount.

After the Trump Administration initiated the phase-out of the $7,500 EV tax credit, many were happy to see the rules had been changed slightly, as deliveries could occur after the September 30 cutoff as long as orders were placed before the end of that month.

However, there appears to be a new threshold that EV buyers will have to go through, and it will impact their ability to get the credit, at least at the Point of Sale, for now.

Delivery must be completed by the end of the year, and buyers must take possession of the car by December 31, 2025, or they will lose the tax credit. The U.S. government will be closing the tax credit portal, which allows people to claim the credit at the Point of Sale.

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date.

However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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If not, the order can still go through, but the buyer will not be able to claim the tax credit, meaning they will pay full price for the vehicle.

This puts some buyers in a strange limbo, especially if they placed an order for the Model Y Performance. Some deliveries have already taken place, and some are scheduled before the end of the month, but many others are not expecting deliveries until January.

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Elon Musk takes latest barb at Bill Gates over Tesla short position

Bill Gates placed a massive short bet against Tesla of ~1% of our total shares, which might have cost him over $10B by now

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Elon Musk took his latest barb at former Microsoft CEO Bill Gates over his short position against the company, which the two have had some tensions over for a number of years.

Gates admitted to Musk several years ago through a text message that he still held a short position against his sustainable car and energy company. Ironically, Gates had contacted Musk to explore philanthropic opportunities.

Elon Musk explains Bill Gates beef: He ‘placed a massive bet on Tesla dying’

Musk said he could not take the request seriously, especially as Gates was hoping to make money on the downfall of the one company taking EVs seriously.

The Tesla frontman has continued to take shots at Gates over the years from time to time, but the latest comment came as Musk’s net worth swelled to over $600 billion. He became the first person ever to reach that threshold earlier this week, when Tesla shares increased due to Robotaxi testing without any occupants.

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Musk refreshed everyone’s memory with the recent post, stating that if Gates still has his short position against Tesla, he would have lost over $10 billion by now:

Just a month ago, in mid-November, Musk issued his final warning to Gates over the short position, speculating whether the former Microsoft frontman had still held the bet against Tesla.

“If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,” Musk said. This came in response to The Gates Foundation dumping 65 percent of its Microsoft position.

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Tesla CEO Elon Musk sends final warning to Bill Gates over short position

Musk’s involvement in the U.S. government also drew criticism from Gates, as he said that the reductions proposed by DOGE against U.S.A.I.D. were “stunning” and could cause “millions of additional deaths of kids.”

“Gates is a huge liar,” Musk responded.

It is not known whether Gates still holds his Tesla short position.

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